Bank of Baroda to advance Rs 12,000 crore to MSMEs under govt scheme

The government had last week announced a Rs 3-trillion fund for MSMEs as part of the Rs 20-trillion economic revival package.

Bank of Baroda (BoB) will lend up to Rs 12,000 crore to micro, small and medium enterprises (MSMEs) under the government’s 100 per cent credit guarantee scheme, the public sector lender said on Saturday.

The government had last week announced a Rs 3-trillion fund for MSMEs as part of the Rs 20-trillion ...

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